Updated Brick Office
For Sale
$209,900
Pending
2647 Old Hapeville Road SW, Atlanta, GA 30315
COMMERCIAL - Atlanta, GA
Property Size1,080 SF
Lot Size0.33 Acres
Days on Market124
Property Features for 2647 Old Hapeville Road SW
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
2
Parking features
Parking Lot
Fencing
Chain Link
Lot features
Level
Directions
From I-75 take Cleveland AVE East to left on Old Hapeville
Standard status
Pending
APN
14 006900050129
Size
1,080 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4091
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1955
Building materials
Brick
Listing Agency:
REMAX Around Atlanta · RE/MAX International
(404) 592-5750
Listed By:
Carson Pickens · License #176200
(404) 384-6963
Added: Apr 3
Changed: Aug 3
Last Checked: Aug 4 at 3:06AM
MLS# 10724828
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,080-square-foot brick office property sits on a 0.33-acre parcel and has been completely updated from its previous single-family residential use. The building includes central heating and central air, while the site provides a parking lot and chain-link fencing. Public water and public sewer serve the property, with cable availability also noted.
The property occupies the corner of Cleveland Ave and Old Hapeville Road SW in Atlanta, a few blocks from I-75. C1C zoning supports small-scale, pedestrian-oriented commercial, retail, and service activities intended for nearby residential areas. Built in 1955, the property combines an established structure with updated improvements and a commercial zoning framework.
The property occupies the corner of Cleveland Ave and Old Hapeville Road SW in Atlanta, a few blocks from I-75. C1C zoning supports small-scale, pedestrian-oriented commercial, retail, and service activities intended for nearby residential areas. Built in 1955, the property combines an established structure with updated improvements and a commercial zoning framework.
Key Highlights
- 1,080 SF brick building on a 0.33‑acre parcel
- C1C zoning supports small‑scale commercial, retail, and service activities
- Located at the corner of Cleveland Ave and Old Hapeville Road SW
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.8k | $23.87 |
| − Vacancy | −$6.5k | −$6.02 |
| EGI | $19.3k | $17.85 |
| − OpEx | −$4.8k | −$4.46 |
| NOI | $14.5k | $13.39 |
1,080 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$206.6K
$180.8K – $241.0K
NOI $14,462 @ 7.0% cap · market cap 6.89%
Second Best
Retail
$179.8K
$157.3K – $209.8K
NOI $12,587 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$301.9K
$264.2K – $352.2K
NOI $21,133 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
260
Businesses Nearby
Explore this area
Business Placement
Demographics for 30315, GA
34,327
Population
15,458
Households
2.2
Avg Household Size
34
Median Age
28%
College-Educated
82%
High-School Grad
11.5 sq mi
ZIP Area
2,985
Density / Sq Mi
$42,383
Median Household Income
$36,311
Median Earnings
$989
Median Rent
$266,200
Median Home Value
Market
Vacancy Rate% for Office in Atlanta, GA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Updated commercial property with central HVAC, parking, and C1C zoning for neighborhood-serving activities.
Where is this office units located?
The property is located at 2647 Old Hapeville Road SW Atlanta, GA.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: 1,080 SF brick building on a 0.33‑acre parcel; C1C zoning supports small‑scale commercial, retail, and service activities; Located at the corner of Cleveland Ave and Old Hapeville Road SW
